Copperstone Resources: Playing the waiting game - ABG

Awaiting the environmental court's response
Viscaria estimated full run-rate EBITDA of SEK 1.4bn
Fair value range SEK 1.5-2.1 on Cu price of USD 9,000/t


Q1: completions sent in and waiting for court's response

During the quarter, Copperstone submitted another round of completions for its environmental permit for the Viscaria mine, while also continuing drilling efforts and mine planning. For now, the company is waiting for a response from the environmental court regarding whether the application is considered complete, and if so the next step is a main hearing where the date will be set for a final decision.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/copperstone-resources/Equity-research/2023/5/copperstone-resources---playing-the-waiting-game/